Farwest Tire & Auto

$217,600 PPP Loan in Coos Bay, Oregon

Loan Details

Loan Number
8920307109
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$217,600
Current Approval
$217,600
Forgiveness Amount
$219,043
Forgiveness Date
Dec 22, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Farwest Tire & Auto
Address
1595 N Bayshore Dr
State
Oregon
ZIP Code
97420-2516
Business Type
Subchapter S Corporation
Industry (NAICS)
Retail Trade (441320)
Business Age
Existing or more than 2 years old
Jobs Reported
24
Estimated Revenue
$6.5M
Rural/Urban
Rural
Congressional District
OR-04

Loan Use Breakdown

Payroll
$174,101
Rent
$25,000
Utilities
$6,420
Debt Interest
$12,079

Lender Information

Servicing Lender
Oregon Pacific Banking Company DBA Oregon Pacific Bank
Originating Lender
Oregon Pacific Banking Company DBA Oregon Pacific Bank

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